On January 18, Microsoft announced its intention to redeem the American giant Activision for a monumental sum. Of course, such a redemption was not going to be in a snap of fingers and it takes a while so that the acquisition process comes to an end. Three months later, this one advances well and it even has to take an important step, following the meeting of the boards of directors of the two companies.
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Activision and Microsoft await shareholders’ verdict
Obviously, all the stages linked to the acquisition of the American publisher will not be settled in the coming weeks, but things are gradually being put in place so that this transaction ends up succeed. As of this week, the acquisition orchestrated by Microsoft will take a new turn since next Thursday, April 28 at 6 p.m., precisely, Activision shareholders will have the heavy task of voting, or not, in favor of the ‘ Offer formulated by the Redmond firm.
For some time, the financial commentary period of the various companies in the videoludic sector is in full swing, and, very recently, Activision communicated on its latest results. Without getting into detail, or linger for a long time on the subject of his performances, the publisher has nevertheless slipped a very interesting little information around his acquisition by Microsoft.
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The acquisition approved by both parties
In order not to interfere with the current actions around this burning subject that is its potential purchase by the Redmond firm, the publisher has eluded the questions of its investors but wanted to counterbalance this silence by sharing a capital announcement In the implementation of this acquisition which should be completed by the end of the fiscal fiscal year of Microsoft ending on June 30, 2023, that is to say in the next twelve months.
Certainly, shareholders will be invited to vote this week, but on the boards of Activision Blizzard and Microsoft, it seems on the same wavelength. Indeed, the two parties both approved the transaction, while waiting for the regulatory authorities to conclude the study of the latter . Currently, precise details are carefully scrutinized, in particular “L’accès of the two companies with consumer data and the developers ‘labor market, as well as the impact of the workers’ agreement that accused Activision discrimination and hostility at the workplace ”. In itself, a new step of franchy while waiting for the result of the vote of the shareholders!
* Microsoft crosses a new level in billion with the buyout of Activision-Blizzard
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Dovakingkong
Mp
7 minutes ago
It whines already all this salt here it’s too good
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